Lithium iron phosphate is a compound used in lithium iron phosphate
batteries. It is targeted for use in power tools, electric vehicles
and OLPC XO education laptops. Most lithium batteries used in 3C
products are mostly lithium cobalt oxide batteries. Other lithium
batteries include lithium manganese oxide, lithium nickel oxide,
and lithium iron phosphate. The cathodes of lithium batteries are
made with the above materials, and the anodes are generally made of
carbon. Avoiding the lithium cobalt oxide cathode leads to a number
of advantages. LiCoO2 is one of the more expensive components of
traditional li-ion batteries, giving LFP batteries the potential to
ultimately become significantly cheaper to produce. LiCoO2 is also
toxic, while lithium iron phosphate is not. LiCoO2 also can lead to
problems with runaway overheating and outgassing, making batteries
that use it more susceptible to fire than LFP batteries. This
advantage means that LFP batteries don't need as intense charge
monitoring as traditional li-ion. Lastly, LFP batteries tend to
have superior power density in comparison to traditional li-ion.
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